Question

Q1. Describe the role played by the OECD to support development in developing countries.
Q2. Pakistan is officially a signatory of the Organization for Economic Cooperation and Development. What benefits is Pakistan getting from OECD?
(Explain both in your own words.)

Answer 1

OECD helps in the development of new strategies and industries in the developing country to make them equal with the developed countries in terms  of the quality of life of the people

Explanation:

• Pakistan being a signatory of the organisation for economic cooperation and development is asking foreign companies to invest on Pakistan. As a result of this there is more number of employment for the Pakistani people.

• In addition to this there are development of roads and railways which were required by the companies. So overall there is an improvement in the quality of life of the people and also on the development of Pakistan

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